British Columbia · Bankruptcy
Notice of Motion Stay Extension
Application / notice of application · 27 January 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing8 verified
- applicantReliance Logistics Inc.
- commencement date2 January 2026
- courtIN THE SUPREME COURT OF BRITISH COLUMBIA IN BANKRUPTCY AND INSOLVENCY
- court file noVLC-S-B-260033
- unsecured creditorsnote: Outstanding balance stated as approximately $3,000,000.00 (para 15); named as one of the three largest creditors (para 9); vehicle/equipment finance provider; document does not characterize whether this claim is secured or unsecured · page: 3 · basis: Recited as one of the three largest creditors in the factual basis of the debtor's motion to extend the proposal-filing period (NOI proceedings) · amount: 3000000 · debtor: Reliance Logistics Inc. · creditor: Daimler Truck Financial Services Canada Corporation · currency: CAD
- unsecured creditorsnote: Outstanding balance stated as approximately $3,000,000.00 (para 16); quasi-governmental (deemed-trust class), ranks ahead of ordinary unsecured; CRA served the debtor's customers with Requirements to Pay (RTPs) impairing cash flow (para 10); named as one of the three largest creditors (para 9) · page: 3 · basis: Recited as one of the three largest creditors in the factual basis of the debtor's motion to extend the proposal-filing period (NOI proceedings) · amount: 3000000 · debtor: Reliance Logistics Inc. · creditor: Canada Revenue Agency (CRA) · currency: CAD
- unsecured creditorsnote: Outstanding balance stated as approximately $1,700,000.00 (para 14); RBC named as one of the three largest creditors (para 9); document does not characterize whether this claim is secured or unsecured · page: 3 · basis: Recited as one of the three largest creditors in the factual basis of the debtor's motion to extend the proposal-filing period (NOI proceedings) · amount: 1700000 · debtor: Reliance Logistics Inc. · creditor: Royal Bank of Canada (RBC) · currency: CAD
- statutory basissection 50.4(9) of the Bankruptcy and Insolvency Act and section 64.2 of the BIA